Issue Price
₹124- ₹131
per equity share
Issue Size
35.48 lakhs
equity share
Face Value
₹ 10
per equity share
Market Lot
1000
equity share
Please note
Listing at NSE
S D Retail Limited
Important Dates
IPO Open Date
20 Sep 2024
IPO Close Date
24 Sep 2024
Allotment Date
25 Sep 2024
Initiation of Refunds
26 Sep 2024
Credit of Shares to Demat Account
26 Sep 2024
IPO Listing Date
27 Sep 2024
UPI Mandate Expiry Date
24 Sep 2024
IPO Details
SD Retail is open for subscription from Friday, September 20, 2024, and closes on Tuesday, September 24, 2024. The price band for this IPO is set at Rs 124 – Rs 131 per share. SD Retail IPO is offering entirely a fresh issue of 49.60 lakh equity shares worth up to Rs 64.98 crore. The allotment for this new IPO is expected to be finalised on Wednesday, September 25, 2024. Whereas the listing of this IPO will be done on Friday, September 27, 2024, at NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 1000 shares. For retail investors, the minimum and maximum investment amount required is Rs 131,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 2000 shares amounting to Rs 262,000. The IPO is managed by Beeline Capital Advisors Private Limited, which is the book-running lead manager of this public issue. The company has appointed Kfin Technologies Limited as the registrar for the issue.
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Check Allotment StatusAbout S D Retail Limited
SD Retail Limited, incorporated in May 2004, is the company behind the "SWEET DREAMS" brand, specialising in stylish and comfortable sleepwear for men, women, and children aged 2-16. The brand celebrates the transition from work to home life by offering sleepwear that for the wide range of body types.
As of February 29, 2024, SWEET DREAMS products are sold through distributors, exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and popular e-commerce platforms like Myntra, AJIO, Nykaa, Flipkart, Amazon, and the company's website. The company's asset-light model enhances scalability and supports efficient retail operations without owning physical store properties.
Parent Organisation
-
Founded
2004
Managing Director
Mr. Hitesh Pravinchandra Ruparelia and Mr. Utpalbhai Pravinchandra Ruparelia, M/s. Sweet Dreams Loun
IPO Objectives
The company intends to utilise the funding received from the fresh issue for various purposes, including capital expenditure for establishing new exclusive brand outlets (EBOs), funding working capital requirements, and addressing general corporate purposes.
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
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PAN Card | Aadhaar Card | Bank Account Number
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